Grupo Supervielle Sa Class B · BCBA:SUPV
Grupo Supervielle Sa Class B — Q1 2018 Earnings Presentation
18 slides from Grupo Supervielle Sa Class B's earnings presentation, May 22, 2018
Slide 1: Grupo Supervielle 1Q18 Earnings Conference Call
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Slide 2: Disclaimer
COMPANY PRESENTATION j Disclaimer This presentation contains certain forward-looking statements that reflect the current views and/or expectations of Grupo Supervielle and its management with respect to its performance, business and future events. We use words such as “believe,” “anticipate,” “plan,
Slide 3: First quarter 2018 highlights
COMPANY PRESENTATION GRUPO a | First quarter 2018 highlights SUPERVIELLE Momentum continued into 1Q18. Long-term industry fundamentals in place despite current headwinds ROBUST PROFITABILITY with Attributable Comprehensive Income up 139% YoY and 58% QoQ to AR$744.6 million. ROAE of 20.6% in 1Q18 abo
Slide 4: Macro overview
COMPANY PRESENTATION GRUPO - . SUPERVIELLE j Macro overview Overall healthy macro dynamics but recently experiencing more volatility BBD sve crowTH (%1 BP rvation (%1 Dec Jan Feb Mar Apr May Jun Jul Ago Sep Oct Nov Dec Jan Feb Mar Apr 2013 2014 2015 2016 201711Q17 2Q17 3Q17 4Q17 2016 2017 2018 Sourc
Slide 5: The Argentine financial system remains healthy
The Argentine financial system remains healthy with deposits experiencing usual seasonality. This was despite the 31% depreciation of the peso year-to-date, and is extremely liquid with a significantly low currency mismatch of 7.4% in terms of regulatory capital; the lowest level over the past 10 ye
Slide 6: Financial sector
COMPANY PRESENTATION cruro JP SUPERVIELLE Financial sector Strong system loan growth while deposits lag behind; SUPV delivers above-industry YoY loan and deposit growth, while QoQ deposits reflect strong expansion in 4Q17 BBB ANS To PRIVATE SECTOR LARS Bill. BBP 1 0TAL DePositstars Bill. i 62.0% 1 i
Slide 7: Supervielle loan performance
GRUPO a SUPERVIELLE Supervielle loan performance Robust loan portfolio growth - up 62% YoY and 10% QoQ | J LOANS & LEASING [AR$ Iviill.)” | J eee eo Pc lio | 1Q18 BREAKDOWN [% | _ Portfolio breakdown” Large 36 | SME's & ee 1Q17 4Q17 1Q18 Retail Portfolio breakdown Entrepreneurs & Mortgages 4 51 51 “
Slide 8: Loan performance
Loan performance GRUPO a SUPERVIELLE Strong growth in retail supported by corporates; slow down in origination for consumer finance reflecting macro-environment | | TOTAL LOAN PORTFOLIO BREAKDOWN BY SEGMENT Loans & Leasing Portfolio [AR$ Mill.]? CORPORATE 73.7% 8.4% 18.1% 23.77% 9.7% 59,458 32,391 2
Slide 9: Funding
GRUPO a SUPERVIELLE Funding Slight QoQ deceleration in deposit growth following strong expansion in 4Q17 and extension of tenors through MTN issuances; YoY up 43% well-above inflation BBP oTAL Deposits (Ars Mill BP oTAL DEPOSITS + MEDIUM TERM NOTESIARS Mill. 5 |38,877| lazsia| = | 42,319} of 1Q17 2Q
Slide 10: 1Q18 YoY Growth
1Q18 YoY Growth 62.1% 26.8% 133.6% 30.2% -50.6% 10
Slide 11: NII, NIFFI & NIM
NII, NIFFI & NIM! GRUPO a SUPERVIELLE Nil and Net Income from Financial Instruments up 54% YoY and 7% QoQ: Resilient Blended NIM BBP Ni Ss NirFFicars mits NET INTEREST MARGIN [NIM - %] TOTAL ARS 24983 27418 USS 2,265.2 r . Loan Portfolio 338.7 Me 548.0 | | 617.0 | ARS US$ 1,950.2 2124.8 Investment P
Slide 12: Service fee income & income from insurance activities
COMPANY PRESENTATION GRUPO a . 7 . . * eye SUPERVIELLE | Service fee income & income from insurance activities Service fee income growth 20%, mitigated by higher commissions paid; stable sequential growth BBW Net SERVICE FEE INCOME? [ARS Mill BB come FROM INSURANCE ACTIVITIES [ARS Mill 20.4% 35.2% |
Slide 13: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
18% 16% 14% 12% 10% 8% 6% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 2014 2015 2016 2017 2018 14% 12% 10% 8% 6% 4% 2% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 2014 2015 2016 2017 2018 13
Slide 14: Efficiency
*Efficiency: Personnel, Administrative expenses and Depreciation & Amortization divided by the sum of Net interest income + Net income from financial instruments at fair value through profit or loss + Exchange rate differences on gold and foreign currency, net services fee income, income from insura
Slide 15: Profitability
GRUPO a SUPERVIELLE Profitability Attributable comprehensive income up 140% YoY and 58% QoQ ATTRIBUTABLE COMPREHENSIVE INCOME CARS Mill.] > While net income under Central Bank GAAP did not take into account the revaluation of real estate properties held for sale, under IFRS such revaluations [57.6%
Slide 16: Capitalization
j Capitalization GRUPO a SUPERVIELLE Consistent execution of capital deployment; applying funds from Sep. 2017 follow-on BBD AP ITAL DEPLOYMENT [Tier | ratio 961 21.3 19.5 ~o eae eee 12.6 12.3 12.0 11.6 72 15.8 March-16 Capital Consolidated Consolidated Consolidated Consolidated Consolidated © Conso
Slide 17: 2018 guidance
2018 guidance queer FY 2018 EXPECTATIONS (6) Total Loan Efficiency > Based on the current visibility of the Growth®) 45-50 % Ratio 55-59% | macro environment we expect to remain within our guidance > Mindful of the rapidly changing eseansa 41-45% AR$ : macro environment SUPV _ is 4.0 - 4.3 Bill. mon
Slide 18: Grupo Supervielle
GRUPO | a SUPERVIELLE